Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (4366)	5/26/1999 11:03:00 AM
From: Mohan Marette	Respond to of 12475

Gentlemen we have LIFT OFF-India launches,Indian,Korean & German satellites. isro.org 08:49 ET INDIA LAUNCHES INDIAN, KOREAN AND GERMAN SATELLITES SRIHARIKOTA, India, May 26, 1999 (AP Worldstream via COMTEX) -- A rocket carrying Indian, German and South Korean satellites blasted off Wednesday from southeastern India in the first commercial launch by India's agency. The Polar Satellite Launch Vehicle C-2 with the three satellites took off from the space center on an island in the Bay of Bengal. Prime Minister Atal Bihari Vajpayee cheered as the rocket took off on a clear morning. Combined with the recent launch of another Indian communication satellite two months ago, ''the present launch shows India's mastery over all aspects of space technology,'' Vajpayee said in a brief address to the scientists. ''India wants peace in the skies, peace on earth and peace everywhere,'' he said. The comment came as Indian air force jets bombed infiltrators entrenched on the Indian portion of the disputed Kashmir province. The rocket is India's most technologically advanced space project. Wednesday's launch was the first with a foreign commercial payload. The rocket carried a 2,310-pound (900-kilogram) Indian remote sensing satellite, Oceansat-1, for oceanographic research. The other satellites were KITSAT-3, a 235-pound (107-kilo) satellite for South Korea's Satellite Technology Research Center, and the 99-pound (45-kilo) Tubsat belonging to the German Aerospace Center. Indian space officials say they hope to compete with other international launch facilities. ''ISRO can offer to launch satellites at a much cheaper rate than other countries with launch facilities,'' K. Kasturirangan, chairman of the Indian Space Research Organization, said Tuesday at Sriharikota, 1,200 miles (1,600 kilometers) southeast of New Delhi. India can launch at least two satellites each year, Kasturirangan said. The next launch will carry a Belgian satellite, but the date has not been announced. India says its space program is only for peaceful purposes.